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A 20th-floor condominium at The Bristol tower on the West Palm Beach waterfront has sold to a trust associated with the Applebaum family, longtime seasonal residents of Palm Beach.

Another high-floor condominium at The Bristol tower across from Palm Beach on the Flagler Drive waterfront has sold to a buyer with longtime residential ties to the island.

A trust associated with late Michigan drug-store founder Eugene Applebaum was on the buyer’s side of Unit 20-C in a sale recorded at $11 million. Applebaum’s daughter, Pamela A. Applebaum, acted as trustee of a property trust in her father’s name, according to the deed recorded today.

Eugene Applebaum died in December 2017 at 81. He and his wife, Marcia Applebaum, were married for 56 years and spent time in Palm Beach at their lakefront estate at 325 Via Linda, which they bought in 1995, property records show.

The four-bedroom condo at The Bristol encompasses the south side of the 20th floor in the ultra-luxury, 25-story building at 1100 S. Flagler Drive. The apartment has a little more than 5,100 square feet, records show.

In 2013, the Applebaums transferred ownership of their Via Linda house, which was built in 1993, into trusts in their names, according to courthouse records. The property comprises about an acre on the North End, several streets south of the Palm Beach Country Club.

RELATED: Palm Beacher pays $8.9 million for condo at The Bristol

Trained as a pharmacist, Eugne Appplebaum founded Arbor Drugs, a chain of drug stores that sold in the late 1990s to CVS via a stock transaction, according to published reports.

Douglas Elliman Real Estate handled the seller’s side of the condo, just as the agency has done with all of the units in the recently completed building. Agents Samantha Curry and Marisela Cotilla acted on behalf of the building’s owner, Flagler Investors LLC. Co-developer Al Adelson signed the deed on behalf of the ownership company.

The Applebaums’ primary home was in Bloomfield Hills, Mich., where they were active philanthropists. Among their charitable gifts, the couple in 1999 made a capital gift to the Jewish Federation of Metropolitan Detroit that funded the expansion and beautification of the West Bloomfield Jewish Community Campus, which was named for them.

A number of Palm Beachers have bought condominiums at The Bristol, which from its inception was heavily marketed to residents of the island.

In March, Matrix Essentials hair products tycoon Sydell Miller bought the entire 24th floor of The Bristol in a two-condo sale recorded at $42.56 million. This week, she sold the oceanfront parcel of her Billionaires Row estate at 1415 S. Ocean Blvd. for a recorded $105 million, setting a Florida residential record for a single buyer/single seller transaction.

The 69-unit tower just south of the Royal Park Bridge broke ground three years ago. Nearly every unit has been sold, according to the developer. Adelson’s partner in the building is Golub & Co. of Chicago.

RELATED: Couple pays $11.85 million for Bristol condo after selling Palm Beach house